» »
NEW 10 YEAR LEASE - NATIONAL TENANT

6 Garden Street, SOUTH YARRA VIC, 3141

Sold

Property Sold in 6 Garden Street, SOUTH YARRA VIC, 3141

Knight Frank Glen Waverley

G BLDG 1 Brandon Business Park, 540 Springvale Road, Glen Waverley, VIC 3150

Listing ID:
11346330
Status:
Sold
Last Updated:
31/07/2019
Icon building

Property Type

Retail/Hotel/Leisure
Icon square

Land Area

N/A
Icon size

Floor Area

256 SQM
Icon parking

Parking

N/A

NEW 10 YEAR LEASE - NATIONAL TENANT

Knight Frank are delighted to bring to market For Sale, 6 Garden Street, South Yarra.

Situated in the heart of South Yarra you will find this prime investment opportunity, located in one of Melbourne’s most iconic and high end developments.

This premium investment currently trading as Orange Theory Fitness, is a privately owned fitness franchise with over 1,000 locations worldwide throughout 21 countries.

This boutique location offers all the key attributes of a South Yarra address, such as close proximity to public transport, car parking and the iconic Chapel Street strip.

The property is complimented by outstanding public transport with Trams and Train station only moments away. This investment will be a great addition to any investors portfolio and truly is a set and forget opportunity.

Key investment features include:
• Leased to Orange Theory Fitness
• Brand new Ten (10) year lease
• Commencing 12th November 2018
• Two (2) further terms of five (5) years
• Net income $160,000 per annum plus GST
• Outgoings and GST paid by tenant
• 3% fixed increases
• 256sqm internal area

For further details please contact Paul Lillis or Lewien Gallus.

For more details, please email agent

Knight Frank Glen Waverley

G BLDG 1 Brandon Business Park, 540 Springvale Road, Glen Waverley, VIC 3150


More properties from Knight Frank Glen Waverley
Sold
5/500 Clayton Road, CLAYTON SOUTH VIC, 3169

5/500 Clayton Roa...

Industrial/WarehouseOfficesIndustrial/Warehouse
Sold
78 Hereford Road, MOUNT EVELYN VIC, 3796

78 Hereford Road,...

Land/DevelopmentOfficesMedical/Consulting
Leased
423 Warrigal Road, MOORABBIN VIC, 3189

423 Warrigal Road...

Industrial/WarehouseRetailShowrooms/Bulky Goods
Sold
1213-1217 Centre Road, OAKLEIGH SOUTH VIC, 3167

1213-1217 Centre ...

Land/DevelopmentLand/Development
For Sale & Lease
Suite 55/195 Wellington Road, CLAYTON VIC, 3168

Suite 55/195 Well...

Offices
For Lease
8/8 Garden Road, CLAYTON VIC, 3168

8/8 Garden Road, ...

Industrial/WarehouseIndustrial/WarehouseShowrooms/Bulky Goods
More properties from South Yarra
For Lease
21 Daly Street, SOUTH YARRA VIC, 3141

21 Daly Street, S...

RetailHotel/LeisureShowrooms/Bulky Goods
For Lease
First Floor/96 - 100 Toorak Road, SOUTH YARRA VIC, 3141

First Floor/96 - ...

Offices
For Lease
G13/670 Chapel Street, SOUTH YARRA VIC, 3141

G13/670 Chapel St...

RetailMedical/ConsultingHotel/Leisure
Leased
539 Chapel Street, SOUTH YARRA VIC, 3141

539 Chapel Street...

Retail
Leased
Level 2/6 Bond Street, SOUTH YARRA VIC, 3141

Level 2/6 Bond St...

Offices
Loading...